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ENPH Enphase Energy Inc

106.97
-1.79 (-1.65%)
Last Updated: 17:03:22
Delayed by 15 minutes
Share Name Share Symbol Market Type
Enphase Energy Inc NASDAQ:ENPH NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.79 -1.65% 106.97 106.86 107.03 110.95 106.54 109.05 1,114,323 17:03:22

Enphase Energy and Sunlogics Deliver Residential Solar Solutions in Belgium

29/04/2020 1:00pm

GlobeNewswire Inc.


Enphase Energy (NASDAQ:ENPH)
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Enphase Energy, Inc. (NASDAQ:ENPH), the world's leading supplier of solar microinverters, today announced it has teamed-up with Sunlogics, a full-service residential solar installer that delivers custom-made solar solutions to customers in Belgium.

Sunlogics, with headquarters in Dilsen-Stokkem, Belgium has installed more than 30MW of residential solar, enough to power ten thousand families in Limburg, Antwerp and Brabant. The company has chosen Enphase as its exclusive microinverter supplier using Enphase IQ 7™ and IQ 7+™ microinverters for the SunPower® P-Series modules. In addition, Sunlogics’ residential solar systems are outfitted with Enphase Envoy™ communications gateways, which connect an Enphase-based solar system to the Enphase Enlighten™ monitoring platform and helps make per-panel energy monitoring and insights for operations and maintenance easy.

“Our residential customers who purchase a solar system using Enphase microinverters are looking at the long term,” said Daniel Vanwetswinkel, CEO at Sunlogics. “When we meet with prospective customers, we are able to validate their potential return on investment by choosing Enphase microinverters. While an installation with string inverters might seem less expensive, the requirement to replace them after twelve years means the price advantage is lost. Enphase microinverters are backed with a 25-year limited warranty, making them more cost-effective.”

IQ 7 and IQ 7+ microinverters leverage Enphase’s unique software-defined architecture and semiconductor integration for excellent reliability and economies of scale. Enphase microinverters are subjected to a rigorous reliability and quality testing regimen with more than an aggregated one million hours of cumulative power-on testing to ensure exceptional performance under heat, high humidity, salty air, and extreme cold. The Company’s microinverters are designed to be long-lived energy assets and are backed by a 25-year limited warranty.

“We are pleased that Sunlogics, after previously using a competitive solution, chose Enphase microinverters for use in the SunPower® P-Series modules,” said Dave Ranhoff, chief commercial officer at Enphase Energy. “Our collaboration is beneficial for both companies, as we share a commitment to providing high-quality solutions and a superior customer experience.”

About Enphase Energy, Inc.

Enphase Energy, a global energy technology company, delivers smart, easy-to-use solutions that connect solar generation, storage and management on one intelligent platform. The Company revolutionized solar with its microinverter technology and produces the world’s only truly integrated solar plus storage solution. Enphase has shipped more than 23 million microinverters, and approximately one million Enphase-based systems have been deployed in 130 countries. For more information, visit www.enphase.com/be and follow the company on Facebook, LinkedIn and Twitter.

Enphase, IQ 7, IQ 7+, Envoy, Enlighten, the Enphase logo, and other trademarks or service names are the trademarks of Enphase Energy, Inc. Other names are for informational purposes and may be trademarks of their respective owners.

Forward-Looking Statements

This press release may contain forward-looking statements, including statements related to the expected quality, reliability, safety, value, performance, life expectancy, ease of installation, and advantages of Enphase Energy’s products and technology, and the services and products provided by our partners. These forward-looking statements are based on Enphase's current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of certain risks and uncertainties including those risks described in more detail in Enphase’s most recent Annual Report on Form 10-K and other documents on file with the SEC and available on the SEC's website at www.sec.gov. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations, except as required by law.

Enphase Contact:

Robert GruijtersMarketing Director, EMEArgruijters@enphaseenergy.comTelephone: +31-6-82390633

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